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Showing posts with the label Brewery Equipment Market

Brewery Equipment Market: Tapping into the Craft Beer Boom and Automation Trends

The global brewery equipment market is making a significant mark, with an estimated value of USD 19.2 billion in 2022, poised to reach USD 25.6 billion by 2027, boasting a robust CAGR of 5.9% in terms of value. This surge in the market is primarily driven by the burgeoning craft brewery industry. The increased demand for premium, low-alcohol beer, coupled with the rise of taprooms and microbreweries, is propelling market growth. Moreover, the brewing sector is undergoing a technological transformation, with craft beer producers embracing new technology and innovative equipment. In the modern brewing industry, maintaining hygiene and quality standards is paramount, underscoring the importance of process automation. Artificial intelligence (AI), the Internet of Things (IoT), automated systems, robotics, and sensors are becoming essential elements for today's brewing industry. Download PDF Brochure Macrobreweries Lead the Way In 2021, the brewery equipment market was notably dominate...

Brewery Equipment Market Regional Analysis, Statistics and Forecast

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The global  brewery equipment market  size is estimated to be valued at USD 19.2 billion in 2022 and is projected to reach USD 25.6 billion by 2027, recording a CAGR of 5.9% in terms of value. Brewery equipment market is gaining traction majorly because of the expanding craft brewery industry. Increased demand for low-alcohol, premium beer, and the establishment of taprooms and microbreweries are driving the market’s growth. Besides, transformations in the brewery sector are in terms of technology implementation, as craft beer producers seek new technology and innovative equipment. Modern brewing industry necessitates hygiene and quality standards, thus implying the significance of process automation. AI, the Internet of Things (IoT), automated systems, robotics, and sensors are thereby becoming essential for the modern brewing industry. Download PDF Brochure Europe dominates the brewery equipment market The beer market in this country is highly established and is home to many...

Demand for Brewery Equipment is Significantly Increasing due to the Increasing Number of Microbreweries and Brew Pubs

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The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2018 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025.  The demand for brewery equipment is significantly increasing due to factors such as the increasing number of microbreweries and brew pubs and product innovations in the brewery equipment market. High capital, maintenance costs, and rising power and energy costs are projected to inhibit the growth of the brewery equipment market. The European region is projected to account for the largest market share due to the large beer industry in the region and the presence of leading beer manufacturers. In addition, the increasing presence of craft breweries is projected to drive the North American brewery equipment market. Download PDF Brochure The brewery equipment market, on the basis of equipment type, is segmented into macrobrewery equipment and craft brewery equipment. The macrobrewery equipment is furt...

Craft Brewery Segment is Projected to Witness the Fastest Growth in the Brewery Equipment Market by 2025

The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2019 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025. The growing number of microbreweries, as well as brew pubs, have significantly driven the market for brewery equipment. The other factors responsible for driving the global brewery equipment market is increasing consumer preferences for artisanal and craft beer as compared to traditional beer or other alcoholic beverages. Further, product innovations in the brewery equipment market have led to the growing need for updated and sustainable brewery equipment by beer manufacturers. Download PDF Brochure By brewery type, the brewery equipment market is segmented into macrobrewery and craft brewery. The craft brewery segment is further segmented into microbrewery, brew pubs, and others. The craft brewery segment is estimated to grow at the highest CAGR, due to the rise in demand for premium and flavorsome be...

Europe is Projected to Account for the Largest Market Share in the Brewery Equipment Market by 2023

The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2018 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025.  The demand for brewery equipment is significantly increasing due to factors such as the increasing number of microbreweries and brew pubs and product innovations in the brewery equipment market. High capital, maintenance costs, and rising power and energy costs are projected to inhibit the growth of the brewery equipment market. The European region is projected to account for the largest market share due to the large beer industry in the region and the presence of leading beer manufacturers. In addition, the increasing presence of craft breweries is projected to drive the North American brewery equipment market.   Download PDF Brochure Europe is witnessing a growing trend of low or no alcohol beer due to health benefits. The region also witnesses the presence of leading beer manufacturers incl...